Brunei economy

Edited book (chapter)

Lawrey, Roger. 2012. "Brunei economy." Love, Juliet (ed.) The Far East and Australasia 2013. Oxford, United Kingdom. Routledge. pp. 146-153
Chapter Title

Brunei economy

Book Chapter CategoryEdited book (chapter)
ERA Publisher ID3137
Book TitleThe Far East and Australasia 2013
Authors
AuthorLawrey, Roger
EditorsLove, Juliet
Edition44th edition
Page Range146-153
SeriesThe Europa Regional Surveys of the World
Number of Pages8
Year2012
PublisherRoutledge
Place of PublicationOxford, United Kingdom
ISBN9781857436624
ISSN0071-3791
Abstract

Brunei Darussalam is a small, oil- and gas-dependent economy, which is continuing to strive for economic diversification and attempting to reduce its dependence on non-renewable resources. The sultanate has good physical infrastructure; free high-quality health care and education for its citizens; no personal income tax or sales taxes; heavily subsidized retail prices for petrol, diesel, electricity, rice and sugar that have remained unchanged for many years; and a relatively high material standard of living.

KeywordsGDP; economic growth; hydrocarbons; diversification
ANZSRC Field of Research 2020440499. Development studies not elsewhere classified
380110. International economics
380112. Macroeconomics (incl. monetary and fiscal theory)
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Byline AffiliationsSchool of Accounting, Economics and Finance
Institution of OriginUniversity of Southern Queensland
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